Nov 28, 2012 12:00pm PST
we should have a balanced approach to deficit reduction that doesn't hurt the economy or hurt middle class families. glad to see if you have been reading the pains more and more republicans in congress are agreeing with this idea we should have a balanced approach. >>shepard: he referenced some in the g.o.p. who signal they could be willing to play bull. the republican leadership still is insisting they will not consider tax hikes. >> republicans are willing to put revenue on the table the it is time for the president and democrats to get serious on the spending problem our country has. >>shepard: president obama continues the p.r. blitz. later today he is scheduled to meet with big business leaders to discuss the proposed fix to the fiscal cliff. ed henry is live with us at the white house. what seem it is to be lost in this is the tax cuts going to expire. that's it. if they want to extend them on some, they can. but he will not allow it on people who make more. what part of this is confusing? >>reporter: a lot of other pieces that are confusing because no one wants to come to the
Nov 23, 2012 12:00pm PST
of the u.s. economy. james has the latest on the planned walmart workers strike but, first, live from chicago. steve, hour the so-called brick and mortar stores versus online retailers? >>reporter: the overall retail picture looks like this, the national federations of retailers believes there will be a 4 percent increase in holiday spending this year over last year. in terms of the brick and mortar physical stores there was a movement away from some of the these just because of the size of the crowds. some folks cannot go out and battle the crowds but we have seen a return of folks who swore off the early bird shopping. >> i was going to go online and do my shopping from there but it worked out. >>reporter: there are a lot of folks that do online shopping and that is growing. one estimate is in holiday online shopping will be up 17 percent and 4 percent overall. >>gregg: the people working the stores. any trouble finding or keeping workers there? >>reporter: they have to go weeks and months to get folks prepared. we stopped in with a target in chicago area and they have worked on hav
Nov 26, 2012 12:00pm PST
. the argument is the families will spend less and it will hurt the economy. >> you can see it across housing, and services, and things like paying for cell phone, groceries, durable goods, auto purchases. evidence like this is a reason why retailers are so concerned that congress has not yet extended the middle-class tax cuts. >>reporter: and carney noted the president spoke with harry reid and speaker boehner over the weekend. everyone is anticipating another high profile white house meet this week on the fiscal cliff sources in congress say there is you not one on the schedule so far. >>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close loopholes but they don't want to raise tax rates. the republicans are saying the survey done by a group calls the winston group, a republican research firm, says 65 percent of americans back tax reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering.
Nov 27, 2012 12:00pm PST
$for $500 million but officials say as the economy goes south often lottery sales go north. if you have a little bit you have big dreams and weirdly a factor that hurts sales is gas prices. you pay $80 at the pump you are less likely to throw down $2 for a ticket but right now she says sales are strong. >> the lines are so long we are selling in new york, $500,000 per hour and that is now the day before, imagine tomorrow, we will probably be going $1 million in sales an hour. >>trace: it is in 42 states and washington, dc and the virgin islands. >>shepard: we love you. if a knocker wins we want her on the program. >>trace: absolutely. done. >>shepard: you all watch it, don't you? a message from the teenage star of "2 1/2 men." why he is telling people to stop watching the show that made him a millionaire child. maybe because he's a child. wo. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ hut! go! here it comes! ri